haku: @author Parsley, M. / yhteensä: 4
viite: 2 / 4
| Tekijä: | Parsley, M. |
| Otsikko: | Risk management's final frontier |
| Lehti: | Euromoney
1996 : SEP, 9, p. 74-79 |
| Asiasana: | MANAGEMENT ECONOMICS RISK |
| Kieli: | eng |
| Tiivistelmä: | Banks measure credit and market risk because they can, not because these are the biggest risks they face. Operational risk is larger, more dangerous and noone knows exactly what to do about it. Mark Parsley looks at banks' first faltering steps in this area. What is the use of having state-of-the-art market-risk measurement tools if one rogue trader can bankrupt your institution in a matter of weeks? Why bother with the complexities of modelling credit and counterparty risk if so many things are one the way? |
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